It's about Business in Kerala!
Kochi: The second phase of Infopark Kochi got a major fillip with six more companies inking deal to develop IT campuses in the 160-acre project. This was the key outcome of an Investors Meet organised by Infopark in Kochi today.
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Trivandrum: In what can be termed as a serious question mark on its credit worthiness, Credit Rating Information Services of India Limited (CRISIL), a leading ratings agency, has revoked the suspension of its rating on the bank facilities of Electronics Technology Park, Kerala (ETPK) or Technopark, Trivandrum, as it is more popularly known and has assigned its ‘CRISIL D’ rating to these facilities. CRISIL D Instruments with this rating are in default or are expected to be in default soon.
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Trivandrum: Kerala IT companies are all set to accelerate business in the European market which showed good signs of recovery after a quiet period of close to five years. This emerged after the visit of the Kerala IT delegation to the European Union that concluded last week. The 35 delegate companies between them received more than 500 enquiries for IT products and services during the visit.
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Trivandrum: Taurus Investment Holdings, LLC, a global private equity investment and development firm specialising in business infrastructure, today formally announced their Downtown Technopark project in Trivandrum, which would see the largest single foreign direct investment of USD 200 million in Kerala, subject to necessary approvals from the Government of Kerala (GoK).
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Trivandrum: The capital city of Kerala and Technopark, the IT hub in particular, is all set to lose the prestigious Downtown Technopark project, which would have seen the largest single foreign direct investment in Kerala of about Rs.1,200 crores, unless the State Government, the IT Department and the Technopark authorities act fast and give the necessary approvals.
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